Shares of Aurora Cannabis Inc. (TSE:ACB – Get Rating) have been given an average recommendation of "Hold" by the eleven ratings firms that are presently covering the company, Marketbeat reports. Eight analysts have rated the stock with a hold rating. The average 1 year price target among brokerages that have covered the stock in the last year is C$3.08.
Several analysts recently commented on the stock. CIBC dropped their price target on shares of Aurora Cannabis from C$3.75 to C$2.50 and set a "neutral" rating on the stock in a research report on Monday, September 19th. Atb Cap Markets upgraded Aurora Cannabis from an "underperform" rating to a "sector perform" rating in a research note on Wednesday, September 21st. Cowen increased their price target on Aurora Cannabis from C$1.85 to C$2.00 in a research report on Tuesday, July 19th. ATB Capital upgraded Aurora Cannabis from an "underperform" rating to a "sector perform" rating and boosted their price objective for the company from C$3.00 to C$4.00 in a research report on Thursday, September 22nd. Finally, Cowen increased their target price on Aurora Cannabis from C$1.85 to C$2.00 in a research report on Tuesday, July 19th.
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Shares of TSE ACB opened at C$1.59 on Tuesday. The company has a debt-to-equity ratio of 40.69, a current ratio of 5.13 and a quick ratio of 3.35. The firm's 50 day simple moving average is C$1.97 and its 200-day simple moving average is C$2.79. Aurora Cannabis has a 12 month low of C$1.52 and a 12 month high of C$10.87. The stock has a market capitalization of C$473.46 million and a price-to-earnings ratio of -0.26.
Aurora Cannabis Company Profile
(Get Rating)Aurora Cannabis Inc produces, distributes, and sells cannabis and cannabis derivative products in Canada and internationally. It also engages in facility engineering and design, cannabis breeding, research, production, derivatives, product development, wholesale, and retail distribution activities. The company produces various strains of dried cannabis, cannabis oil and capsules, and topical kits for medical patients.
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